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Prince Edward
348 Loman Rd.
$163,500
● House - Off Market

348 Loman Rd.

Meherrin, VA 23954
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$321,450
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Welcome home to this builder's gem of a home. Rock River is well known for their classic craftsman style new home. Quality thru-out with nice cabinets, hardwood floors, granite countertops. Great features to include large windows, nice closets, well-thought out floorplan, laundry utility room on main level, kitchen with tons of counter top space and cabinets, and so much more. Come and see a house you can fall in love with.
Unit Size
1,300 Ft²
Days on Market
247 days
Land Size
1.89 acres
Price per sqft
$127
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
2013

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (CVRMLS #1309974)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Aug 30, 2022 Listed by Real Living Cornerstone $279,900
Listed by Real Living Cornerstone
Dec 21, 2021 No longer available -
No longer available
Dec 17, 2021 Sold
Premium
Sold
Nov 13, 2021 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,328
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRITTANY HEIGHTS SUBDIVIS ION
  • Land Acres: 0000001890
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: BRITTANY HEIGHTS SUBDIVIS ION LOT 13

Neighborhood

  • School District Name: Prince Edward County Public Schools
  • Census Tract: 930301

Geography

  • Account Number: 26047
  • District: 3
  • Parcel: 103 9 13
  • Lot: 13
  • Municipality: HAMPDEN
  • Latitude: 37.1562
  • Longitude: -78.4326

    Address

  • Full Address: 348 Loman Rd
  • Address - House Number: 348
  • Address - Street Name: Loman
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Meherrin
  • Carrier Code: R002
  • 4-Digit Zip Code: 3290
  • Zip Code: 23954

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,248

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 284,833
  • High Value: 356,007
  • Low Value: 213,660

    Market Valuation

  • Market Total Value: $177,600
  • Market Land Value: $32,000
  • Market Improvement Value: $145,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,600
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $145,600

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013
  • Previous Sale Recording Date: Dec 17, 2021
  • Previous Sale Contract Date: Dec 14, 2021
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Prince Edward

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2008 ft²

Average Home Age

33.4 years

Currently For Sale

34 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Navona Hart, Real Living Cornerstone
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1309974
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 348 Loman Road built and last sold?
The property at 348 Loman Road was built in 2013 and last sold on Sep 20, 2022 for $273,000.
How much is this home worth?
The estimated value of the home located at 348 Loman Road is $0.
What are some comparable homes to 348 Loman Road?
There are currently no comparable homes to 348 Loman Road.
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